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Tandy Corporation was an American family-owned leather -goods company based in Fort Worth, Texas, United States. Tandy Leather was founded in 1919 as a leather supply store. By the end of the 1950s, under the tutelage of then-CEO Charles Tandy, the company expanded into the hobby market, making leather moccasins and coin purses, making huge ...
In 1963, Tandy Corporation acquired management control of the Radio Shack Corporation and, after two years, Charles Tandy had turned the company's $4 million loss into a profit. During that time of recovery, the Tandy Corporation purchased common stock until they owned 85% of the outstanding Radio Shack common stock. [8] In 1975, the Tandy ...
RadioShack (formerly written as Radio Shack) is an American electronics retailer which was established in 1921 as an amateur radio mail-order business. Its parent company, Radio Shack Corporation, was purchased by Tandy Corporation in 1962, shifting its focus from radio equipment to hobbyist electronic components. At its peak in 1999, Tandy ...
Tandy/Radio Shack TRS-80 Model I. In the mid-1970s, Tandy Corporation's Radio Shack division was a successful American chain of more than 3,000 electronics stores. Among the Tandy employees who purchased a MITS Altair kit computer was buyer Don French, who began designing his own computer and showed it to the vice president of manufacturing John V. Roach, Tandy's former electronic data ...
Model 100 line. In addition to the above, Tandy produced the TRS-80 Model 100 series of laptop computers. This series comprised the TRS-80 Model 100, Tandy 102, Tandy 200 and Tandy 600. The Model 100 was designed by the Japanese company Kyocera with software written by Microsoft.
The Realistic name carried on into 1994 as the rest of the Tandy-produced stock was slowly being sold off. In that year, all outsourced audio equipment formerly bearing the Realistic name would carry the Radio Shack name, and the video equipment was renamed to Optimus, another private label audio equipment brand sold by the company since 1967.
By the mid-2000s, roughly 5% of the Russell 1000 members split their stock each year, and after the great financial crisis from 2008-2009, stock splits practically ceased.
In Tandy's last years his major project was the revitalization of downtown Fort Worth, his hometown, e.g., the construction of the eight-block Tandy Center. [4] Tandy died of a heart attack in his sleep on 4 November 1978, and was buried at Greenwood Memorial Park in Fort Worth, Texas. [1] [7]